Home Tags Banking crisis

Topic: banking crisis

India is looking at a larger credit crisis. (Representational Image) | Photo: Dhiraj Singh | Bloomberg

Ashish Gupta, the man who predicted India’s banking crisis warns of new danger

The crisis engulfing India’s NBFCs could be even more destabilising for the $2 trillion economy, Ashish Gupta says.
Yes Bank

CBI searches 7 locations after booking Rana Kapoor’s family in Rs 600 cr bribery case

CBI alleged that Rana Kapoor along with DHFL's Kapil Wadhawan are guilty of round-tripping funds that benefited companies owned by Kapoor's daughters.

Why Modi proves strong leaders don’t always bother about good economics

Data & the feel after 6 years under PM Modi proves a strong leader doesn’t necessarily give us decisive economic leadership unmindful of immediate political risks.
A wave of panic gripped Yes Bank depositors Thursday as it was placed under a moratorium for 30 days

Fears of crisis at Yes Bank over dodgy loan book were raised as far back as 2015

A 2015 report by global financial services firm UBS had pointed out that Yes Bank had strongest growth in loans to potentially stressed companies.
File photo of Shaktikanta Das | Kiyoshi Ota/Bloomberg

RBI Governor Shaktikanta Das is facing an increasingly tough balancing act

As bad debt piles up & the budget deficit target goes out of the window, it’ll be tough for RBI Governor Shaktikanta Das to keep all the balls in the air.
Taj hotel chain

Tata’s Taj hotel chain to sell assets to trim debt as consumer spending slackens

Indian Hotels Co., Tata’s listed firm that operates the Taj brand, plans to dispose of certain budget inns in non-metro areas and lease them back for a fee.

Govt should ensure health of banks doesn’t depend on who owns them

Investors have made their preferences clear: Good private banks quote at higher multiples of book value, while govt banks quote discounts. This cannot continue.
RBI logo

5 reasons why the RBI and Modi govt are at loggerheads

From a banking crisis to interest rates, the RBI has often found itself on opposing sides to the Modi government this year.

This Chennai bank is the perfect case study on how to crush the bad loans problem

Indian Bank is the rare public sector bank with the least NPAs and consistent record of reporting profits.
Construction site

Is India’s successful growth story the reason behind it’s banking crisis?

Statistics point to a peculiar feature of India's high growth phase even as it remains the world's fastest growing economy

On Camera

Woman working on a laptop (Representational image) | Flickr

Is it ‘shirk from home’? Jury’s still out as Europe begins working from home again

There is no evidence yet of mass remote work’s impact in the longer term on company productivity, but the current outlook is mixed at best.

Harley Davidson to discontinue sales and manufacturing operations in India

Harley’s decision comes weeks after Toyota Motor Corp. said it won’t expand further in India due to the country’s high tax regime.

Defence

File photo of Army Chief General M.M. Naravane at Leh to review security situation and operational preparedness along the Line of Actual Control in Eastern Ladakh | Photo: Twitter/@adgpi

Indian soldiers at LAC have go-ahead to open fire in self-defence, India tells China

With no signs of disengagement on the ground in Ladakh, where India and China have been locked in a stand-off since April, both sides will stay dug in during the region’s bitter winter too.
Illustration: Soham Sen | ThePrint

Suspect all, fix all? Is that the motto of our new ‘National Suspicion State’?

It’s not just Modi government or BJP, but even state governments, judiciary are getting caught in a ‘we suspect all’ mindset. Is India becoming a National Suspicion State?